You have 300000 shares you want to issue this year and have earned 1600000 dollars in earnings. With an expected annual rate of growth of 4% every year with a payout of 80% of your earnings in dividends what will be the PPS(price-per-share) of your venture?

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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You have 300000 shares you want to issue this year and have earned 1600000 dollars in earnings. With an expected annual rate of growth of 4% every year with a payout of 80% of your earnings in dividends

what will be the PPS(price-per-share) of your venture?

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